News

Abengoa and Wavebob to partner on wave energy technologies

22 March 2011

The deal will see the two companies work together on the research, development and commercialisation of wave energy systems.

<p><a href="http://www.wavebob.com">Wavebob</a> and <a href="http://www.abengoa.com">Abengoa</a> say they are planning to collaborate for a period of at least 6 six years, and will work to complete an R&amp;D agenda that &quot;meets the growing commercial wave energy opportunities in Europe and the U.S.&quot;</p> <p>Both companies will work on research, technological development and economic assessment of wave energy locations globally.</p> <p>Considered one of the world&rsquo;s leading wave energy technologies,<a href="http://www.wavebob.com/how_wavebob_works/"> Wavebob</a>'s unique wave energy convertor - at full scale - <a href="http://www.wavebob.com/how_wavebob_works/">could be capable of producing in excess of one MW of power</a>, with a 100-unit wave farm<br /> providing power for more than 30,000 homes.</p> <p>Speaking at the announcement of the partnership, Andrew Parish, ceo of Wavebob said that &ldquo;given Abengoa&rsquo;s position as a leading energy technology developer, this collaboration provides immense expertise and global reach to Wavebob. Abengoa truly understands the challenges of developing advanced energy technology and converting that challenge to a financial opportunity&quot;.</p>

Members' Login

Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how customers
use our website.Our site won't work without them. By continuing to use our website you accept our use of cookies.
Find out more about cookies×